Hyatt Hotels has completed the sale of its Playa Hotels & Resorts (Playa) real estate portfolio to Tortuga Resorts (Tortuga) for around $2bn. The sale involves 15 all-inclusive properties situated across the Dominican Republic Jamaica, and Mexico. Hyatt, which holds $200m in preferred equity in Tortuga, could receive an additional $143m if certain operational milestones are achieved. Hyatt had previously sold one property to a third-party buyer for $22m on 18 September 2025. With the closing of the cur ...